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Eastern South Dakota Meat Locker Processing Plant For Sale

Not Disclosed, South Dakota, US
Asking Price:
$1,300,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,158,264
Cash Flow:
$112,125

Owned since 2003, this successful USDA inspected meat processing plant / butcher shop provides retail re-sale, custom slaughter (approximately sixty private label clients), some grocery, and services certain catering opportunities. This business's loyal following draws from more than a sixty mile radius. This business has been at its current location for over 11 years.

As an organically certified and animal welfare approved operation, this business has leveraged their good name, customer loyalty, and commitment to excellent customer service to ensure continued success in the future. This business has a strong backlog and is poised to provide the next owner with future revenues. This business has thrived during and remained essential throughout the Covid pandemic. Over the past 3 years, revenues have increased by thirty-nine percent! 2022 sales through September are almost even with 2021 full year sales.

The next owner can expect a seller that is committed to assisting in a successful transition. Depending on the buyer's skill set and needs, the seller can assist in a transfer period for a reasonable extended period of time.

Property Information

Real Estate:

Real Property Included

Premises Details:

This facility is adequate for current demand and future growth. Property card information and photos are available for qualified buyers. Annual occupancy expense is currently $34,400. This business occupies and operates out of three "downtown" businesses in-line. In 2008 one building was rebuilt / remodeled. The buildings are heated with Geothermal heat.

Business Operation

Expansion Potential:

There is good potential for growth in both the processing and retail part of the business. This business currently services sixty private label clients. Currently, this business services SD, MN, and ND clients.

Competition / Market:

There is competition in the market place. With that said, this business does have a competitive advantage that will be shared with qualified buyers.

Reasons for selling:

The sellers are ready to retire.

Trading hours:

Mon-Fri 7am-6pm; Sat 7am-12pm

Employees:
12 FT/6 PT
Years established:
30

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

A new owner would have to make application for USDA certification, state health inspection, and apply for a state retail license for a successful transfer.

Furniture / Fixtures value:
$336,986 - included in the asking price
Inventory / Stock value:
$106,500 - included in the asking price